Carlos Ghosn Stands by the Leaf

NEW YORK — Renault-Nissan CEO Carlos Ghosn delivered a spirited defense Wednesday of his 4 billion euro investment in the Nissan Leaf electric car, even as he sought to minimize the car’s importance to Nissan Motor Corp.’s fortunes overall.

During a meeting with reporters on the sidelines of the New York auto show, Mr. Ghosn said he stands by his forecast that electric cars, including the all-electric Leaf, will account for 10% of Nissan’s global sales by 2020.

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.